Large Data Breaches Cause Increased Social Engineering Attacks

WHO IS THIS CASE STUDY ABOUT?

Enterprise Integration (EI) conducted a case study starting in 2016 on a business that fell
prey to an attack based on information provided through social engineering. As an update
to that research, EI has investigated another attack which is partially similar in nature
but significantly more sophisticate. The term social engineering means that rather than
attacking your systems directly, hackers use psychology and publicly available information
to manipulate the people operating those systems to gain entry into your organization
and access to your data. The results of our study demonstrate that social engineering
continues to be an effective tool used by hackers to commit corporate fraud. Furthermore,
as a result of the massive data breaches of 2017 like Equifax and Yahoo!, hackers have
more sensitive data available to them than ever. Once obtained, hackers search the data
for personal information that can be used to plan or execute a social engineering attack
against their targets.

Teckedin is thankful to Enterprise Integration for sharing their content without requiring personal information.
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